Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.
DESCRIPTION:
Join Thermo Fisher Scientific as a Financial Analyst I, where you'll contribute to financial excellence and business growth. You'll collaborate with cross-functional teams to provide financial analysis and insights that support strategic decision-making. As part of our FSP Operations Finance team, you'll help manage monthly closing process for 20-30 projects, develop project forecasts, analyze program GPs, and prepare monthly program reviews. This role offers opportunities to work with senior leadership and advance your career while contributing to our mission of enabling customers to make the world healthier, cleaner and safer.
REQUIREMENTS:
- Risk Mitigation: Ensure monthly client reporting, including SUA studies, and timely follow-up on overdue A/R. Discuss with manager any red flags with sponsors (cashflow, study cancellations, client turnover, collections, mod delays) and use the risk review escalation process.
- Accountability: Have full command of the studies you manage, understanding finances and key study drivers.
- High-Quality Financial Analysis: Provide financial analysis to support decision-making and operational excellence.
- Client Relationships: Deliver "best in class" support to earn repeat business by ensuring timely and accurate reporting, forecasting, and invoicing. Act with urgency and respond to customers within 24 hours.
- Optimize Cash Flow: Ensure cash neutrality with timely contract modifications and invoicing. Favorable SUA, SOW, and Change Order payment schedules, adhering to MSA advances, and ensuring adequate advances throughout the study.
- Manage Out of Scope (OOS): Keep past OOS below 2% of the executed contract value and review future OOS during Monthly finance reviews and proactively seek PL’s input on accuracy and/or coverage. Track OOS using the tool and templates provided
- Forecast Accuracy: Improve forecast accuracy for direct and indirect costs.
- Finance Reviews: Host monthly finance reviews using designated tools.
- Month-End Compliance: Adhere to month-end compliance, deadlines, and deliverables.
- Effective Tool Use: Utilize the tool effectively to keep healthy study financials.
- Reduce Revenue Adjustments: Minimize revenue adjustments and understand month-end drivers.
- Minimal Manual Adjustments: Limit post month end manual adjustments.
- Enhance pickup calculations for better forecast accuracy and adopt new tools.
- Process Improvements: Identify and implement process improvements, optimizations, and automations.
- Financial Controls: Drive excellence in internal financial controls, audit readiness, and reporting processes.
- Audit Readiness: Be audit-ready 100% of the time and achieve zero findings in statutory, interim, and year-end audits.
- Issue Escalation: Escalate issues like slow Contract Modifications, CNFs, Overspend escalation, and lack of response.
- Follow-Up: Ensure action items are completed by Ops and stakeholders.
- Close Process: Support the acceleration of the close process.
Thermo Fisher Scientific Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Thermo Fisher Scientific and has not been reviewed or approved by Thermo Fisher Scientific.
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Retirement Support — The package includes a 401(k) with a strong company match and an employee stock purchase plan, which are viewed as meaningful components of total rewards.
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Leave & Time Off Breadth — Starting paid time off around three weeks, along with paid holidays, sick time, bereavement, volunteer time, and options to add more, is consistently highlighted as a strength.
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Parental & Family Support — Paid parental leave for primary caregivers plus additional bonding time, together with adoption/fertility assistance and childcare benefits, provides robust family support.
Thermo Fisher Scientific Insights
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What We Do
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.
Why Work With Us
You will join a company which every colleague has the opportunity to create possibilities, for oneself, for our customers and patients. There is no more exciting place to be than at the forefront of solving problems which help improve lives around the world. As a company, we are committed to supporting your career aspirations and your journey.
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